SCHO

The Schwab Short‑Term U.S. Treasury ETF (SCHO) invests almost exclusively in U.S. government securities, primarily investment‑grade Treasury notes with remaining maturities of one to three years. Its strategy is to track the Bloomberg U.S. Treasury 1‑3 Year Index by using a representative sampling approach, providing exposure to the short‑term Treasury market while minimizing tracking error. Because the fund holds high‑quality, low‑risk debt, it delivers modest income with limited interest‑rate sensitivity. It is suitable for investors who want a liquid, low‑volatility component for capital preservation, a cash‑like allocation, or a short‑duration bond exposure within a diversified portfolio.